David Steiner, FedEx board member, tapped to lead U.S. Postal Service as postmaster general

David Steiner, FedEx board member, tapped to lead U.S. Postal Service as postmaster general


FILE PHOTO: David Steiner, smiles while speaking at the OPEC Oil Embargo +40 conference hosted by Securing America’s Future Energy (SAFE) in Washington, D.C., U.S., on Wednesday, Oct. 16, 2013.

Joshua Roberts | Bloomberg | Getty Images

The U.S. Postal Service Board of Governors said Friday that it had selected former Waste Management CEO David Steiner as postmaster general.

Steiner, who is a board member of shipping giant FedEx, will succeed former Postmaster General Louis DeJoy, who resigned in March, and current acting Postmaster General Doug Tulino.

Steiner, who is expected to formally join the USPS in July, will leave the board of FedEx, where he has served some 2009.

USPS reported a net loss of $9.5 billion in 2024

In a statement, Steiner said, “It is an incredible honor to be asked to lead the world’s greatest
postal organization, with a history that stretches back before the founding of the United States.”

“I deeply admire the public service and business mission of this amazing institution, and I believe strongly in maintaining its role as an independent establishment of the executive branch.

Steiner served as CEO of Waste Management from 2004 through late 2016.

USPS said that when he led Waste Management, Steiner was “credited with leading tremendous change in the organization, transforming operations and culture, and delivering strong financial results.”

Read more CNBC politics coverage

USPS Board of Governors Chair Amber McReynolds, in a statement, said, “Dave is the right person to lead the Postal Service at this time to ensure this magnificent and historic organization thrives into the future,” said

“Dave is a highly regarded leader and executive with tremendous vision, experience and skill that can be

FexEx founder and executive chairman Frederick Smith praised Steiner, and said in a statement that his “sharp business acumen will be key to addressing the significant challenges facing the United States Postal Service which has lost more than $108 billion since 2007 despite receiving billions in taxpayer relief.”



Source

Justice Department asks a federal judge to deny special master for Epstein files
Politics

Justice Department asks a federal judge to deny special master for Epstein files

Jeffrey Epstein, Ghislaine Maxwell at a party at the Mar-a-Lago club, Palm Beach, Florida, 1995. Davidoff Studios Photography | Archive Photos | Getty Images The U.S. Justice Department has asked a New York federal judge to deny a request by two lawmakers seeking an appointment ⁠of a special master to monitor the public release of […]

Read More
Trump threatens to sue JPMorgan Chase for ‘debanking’ him
Politics

Trump threatens to sue JPMorgan Chase for ‘debanking’ him

Jamie Dimon, Chairman and CEO, JPMorganChase, speaks during the Reagan National Defense Forum at the Ronald Reagan Presidential Library in Simi Valley, California, U.S. December 6, 2025. Jonathan Alcorn | Reuters President Donald Trump on Saturday threatened to sue JPMorgan Chase over allegedly “debanking” him following the Jan. 6, 2021, riot at the U.S. Capitol. […]

Read More
Trump: NATO members to face tariffs increasing to 25% until a Greenland purchase deal is struck
Politics

Trump: NATO members to face tariffs increasing to 25% until a Greenland purchase deal is struck

U.S.President Donald Trump arrives at Detroit Metropolitan Wayne County Airport, in Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters Eight NATO members’ goods sent to the U.S. will face escalating tariffs “until such time as a Deal is reached for the Complete and Total purchase of Greenland,” President Donald Trump announced Saturday. The tariffs […]

Read More